Financials Zhejiang Chint Electrics Co., Ltd.

Equities

601877

CNE100000KD8

Electrical Components & Equipment

End-of-day quote Shanghai S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
19.27 CNY +2.12% Intraday chart for Zhejiang Chint Electrics Co., Ltd. -1.13% -10.41%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 51,747 57,426 83,418 114,795 58,936 41,000 41,000 -
Enterprise Value (EV) 1 56,686 64,210 94,545 128,801 69,943 59,161 73,424 89,301
P/E ratio 14.4 x 15.3 x 13.1 x 34.1 x 14.7 x 8.74 x 7.61 x 6.51 x
Yield 2.48% 1.87% 1.28% 0.74% 1.44% 2.24% 2.53% 2.72%
Capitalization / Revenue 1.89 x 1.9 x 2.51 x 2.95 x 1.28 x 0.66 x 0.63 x 0.57 x
EV / Revenue 2.07 x 2.12 x 2.84 x 3.31 x 1.52 x 0.95 x 1.14 x 1.25 x
EV / EBITDA 10.4 x 10.9 x 9.7 x 19.6 x 8.85 x 5.9 x 6.45 x 6.69 x
EV / FCF -79,792,978 x - - - - - - -
FCF Yield -0% - - - - - - -
Price to Book 2.41 x 2.38 x 2.81 x 3.62 x 1.64 x 1.03 x 0.92 x 0.82 x
Nbr of stocks (in thousands) 2,134,762 2,142,753 2,130,179 2,130,179 2,127,664 2,127,664 2,127,664 -
Reference price 2 24.24 26.80 39.16 53.89 27.70 19.27 19.27 19.27
Announcement Date 4/25/19 4/29/20 4/28/21 4/28/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 27,421 30,226 33,253 38,865 45,974 62,298 64,595 71,504
EBITDA 1 5,452 5,872 9,748 6,588 7,899 10,028 11,388 13,342
EBIT 1 4,250 4,519 7,894 4,713 5,997 8,097 8,915 10,294
Operating Margin 15.5% 14.95% 23.74% 12.13% 13.04% 13% 13.8% 14.4%
Earnings before Tax (EBT) 1 4,243 4,511 7,784 4,490 5,940 7,392 8,291 9,377
Net income 1 3,592 3,762 6,427 3,401 4,023 4,586 5,446 6,366
Net margin 13.1% 12.45% 19.33% 8.75% 8.75% 7.36% 8.43% 8.9%
EPS 2 1.680 1.750 2.990 1.580 1.890 2.206 2.533 2.962
Free Cash Flow -710.4 - - - - - - -
FCF margin -2.59% - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.6000 0.5000 0.5000 0.4000 0.4000 0.4316 0.4873 0.5242
Announcement Date 4/25/19 4/29/20 4/28/21 4/28/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 9,371 12,411 10,214 10,642 12,897 11,478 10,958 15,741 12,109 -
EBITDA - - - - - - - - - -
EBIT 2,132 1,240 1,103 858.1 1,683 2,135 1,321 2,019 1,252 -
Operating Margin 22.75% 9.99% 10.8% 8.06% 13.05% 18.6% 12.05% 12.83% 10.34% -
Earnings before Tax (EBT) - - - - - - - - - -
Net income - - - - - - - - - -
Net margin - - - - - - - - - -
EPS 1 0.8000 0.4300 0.2900 0.2700 0.5300 0.7100 0.3800 0.5600 0.3300 0.5200
Dividend per Share - - - - - - - - - -
Announcement Date 8/26/21 10/29/21 4/28/22 4/28/22 8/30/22 10/28/22 4/28/23 4/29/23 8/30/23 10/30/23
1CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 4,939 6,785 11,127 14,006 11,006 18,161 32,424 48,301
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.9059 x 1.155 x 1.141 x 2.126 x 1.393 x 1.811 x 2.847 x 3.62 x
Free Cash Flow -710 - - - - - - -
ROE (net income / shareholders' equity) 17.2% 16.3% 24% 10.9% 12% 12% 12.5% 12.9%
ROA (Net income/ Total Assets) 7.83% 7.31% 10.3% 4.42% 4.22% 3.9% 4.35% 5.2%
Assets 1 45,869 51,433 62,273 76,988 95,380 117,587 125,201 122,426
Book Value Per Share 2 10.10 11.30 13.90 14.90 16.90 18.60 20.90 23.60
Cash Flow per Share 2 1.350 2.320 2.240 3.300 2.370 4.790 5.580 1.230
Capex 1 3,570 4,884 6,915 11,962 10,548 2,074 12,424 8,757
Capex / Sales 13.02% 16.16% 20.8% 30.78% 22.94% 3.33% 19.23% 12.25%
Announcement Date 4/25/19 4/29/20 4/28/21 4/28/22 4/28/23 - - -
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
19.27 CNY
Average target price
35.08 CNY
Spread / Average Target
+82.03%
Consensus
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